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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
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उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
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संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Which of these taxes is most likely to be progressive?
State two objectives of fiscal policy.
Citing reason state the advantage of a progressive tax over proportional tax.
To which tax is this shifting of tax burden relevant?
Briefly explain why direct taxes foster civic consciousness among people.
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Citing reasons state the superiority of Progressive tax over regressive tax.
